5 Economic Development Statistics from Ray Perryman via an Economic Development Foundation

• Every $1 dollar of collected sales tax for economic development over the past 25 years has returned nearly $10.84 in annual economic activity (real gross product).
• Every dollar of sales tax collected for economic development is significantly exceeded by the ongoing cumulative benefits of the project supported by the program. Every dollar represents an annual impact of $277.67 in expenditures.
• Every dollar represents an annual impact of $140.92 in gross product
• Every dollar represents an annual impact of  $89.72 in personal income
• Every dollar represents an annual impact of $3.57 in gross city tax revenue each year.

New Braunfels Herald Zeitung